Foreigners, Institutions and Prop Trade Push SET Index above 1,611pts with ฿8.3Bn Net Buy
The total value of buying and selling on August 26, 2021, categorized by the investor's type.
– SET Index closed at 1,611.20 points, increased 9.29 points or 0.58% with a trading value of 95.4 billion baht. The analyst stated that the Thai stock market outperformed regional markets in response to the relaxation of lockdown measures, though the curfew still remained in place. However, the rally slowed down in the afternoon session after the technical data indicated overbought, while the market was also waiting to see the Fed’s symposium.
In addition, the analyst added that the direction of SET Index next week will depend on the Fed’s statement, giving a support level at 1,590-1,600 points and a resistance level at 1,630 points.
– Foreign Investors, Local Institutions and Proprietary Trading buoyed SET Index by 9 points with a total net buy of 8.3 billion baht.
